Mohammed Shaheen – Amassing Indian Students to Impart Financial Literacy and Investment Ideas

Imparting teachings regarding financial education can have a long-lasting effect on a population of 1.3 billion Indians.

Investment by the government in financial education can provide better outcomes resulting in increased economic productivity as the key to effective human capital building is financial literacy.

Possessing financial knowledge can not only improve living conditions but also promote economic expansion.

Undoubtedly, a combination of our labor force and prudent financial education can reduce poverty. In other words, a financially astute India would be a powerful global player.

Financial literacy is “a convergence of awareness, knowledge, ability, attitude, and behavior necessary to make prudent financial decisions and ultimately attain individual financial health,” according to the Organization for Economic Cooperation and Development (OECD).

India has by far worse financial literacy than many other nations. It is home to over 20% of the world’s population, but only about 24% of its citizens are aware of the fundamental financial principles.

Since the country’s independence, governments have worked to encourage financial literacy since it is closely tied to financial inclusion, which is crucial for the nation’s economic growth.

Similarly, many Indian financial analysts are coping with the responsibility of guiding their population so that they can be strengthened globally and make a difference. This is what Mohammed Shaheen has been doing since the inception of his company, Seven Capitals.

Born on June 16, 1983, in Bahrain, Mohammed Shaheen is a business writer from Kerala, who is also known as a renowned Indian entrepreneur and financial analyst.

In 2008, Shaheen earned a Master of Business Administration degree from Bangalore University and later obtained a certification as a Chartered Financial Analyst.

Willing to bring revolution in the traditional means of business, Shaheen founded Seven Capitals, a financial brokerage firm, and The Index Today, the financial news portal providing real-time financial market coverage.

He laid the foundation of Seven Capitals in 2011 and in order to make it a reality he moved to UAE in 2012.

Shaheen established Seven Capitals in 2012 as a brokerage governed by the UK’s Financial Services Commission (FSC). The business wanted to dominate its market by utilizing user-friendly, secure, quick technology and taking a client-driven strategy.

The company’s trade volume, which is currently over USD 24 billion, was estimated to cross USD 21 billion by 2020. Currently, the company’s operations are located outside of the Middle East.

Shaheen possesses extensive experience in managing portfolios of securities, exchanges, and commodities as a seasoned financial analyst.

Stocks, CFDs, currencies, the NYSE, NASDAQ, the London Stock Exchange, the Mumbai Stock Exchange, the Shanghai Stock Exchange, the Hong Kong Stock Exchange, gold, silver, and crude oil are all included in his portfolio. 

In 2010, while still working as a financial analyst for a regulated brokerage firm, he began forex as an Introducing Broker.

According to a 2019 Triennial Survey, the Foreign Exchange (forex) market is the world’s richest market in liquidities, with an average daily turnover of approximately US$5.1 trillion. Its main purpose is to trade currency.

Every trading day, fortunes are made or lost – or incrementally increased or decreased depending on the trader’s boldness and the direction of the market wind. Even the most experienced players have to deal with a certain amount of luck in the past.

However, as with everything else in modern life, advanced technology has swooped in and altered the game. Predictive analytics and big data have become two powerful new tools for the financial industry.

Supporting Foreign Exchange market, Shaheen said, “Predictive analytics and big data can help people save time and obtain useful and actionable insights about the FX market, as well as the general mood of market participants – all of which will help people achieve better trading results.”

Furthermore, He established a brokerage firm in Mauritius and expanded it to the Middle East shortly thereafter.

Shaheen’s professional accomplishments have gained him respect on a global scale. He was listed among the top 100 financial analysts in the Gulf in January 2015. His efforts and the never-ending search for the finest, led Seven Capitals to become one of the top financial brokerage companies in Dubai in 2020.

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